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NXG (Cushing NextGen Infrastructureome Fund) 3-Year Dividend Growth Rate : 36.80% (As of Nov. 2024)


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What is Cushing NextGen Infrastructureome Fund 3-Year Dividend Growth Rate?

Cushing NextGen Infrastructureome Fund's Dividends per Share for the six months ended in Nov. 2024 was $3.24.

The historical rank and industry rank for Cushing NextGen Infrastructureome Fund's 3-Year Dividend Growth Rate or its related term are showing as below:

NXG' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -28.8   Med: -15   Max: 36.8
Current: 36.8

During the past 8 years, the highest 3-Year average Dividends Per Share Growth Rate of Cushing NextGen Infrastructureome Fund was 36.80% per year. The lowest was -28.80% per year. And the median was -15.00% per year.

NXG's 3-Year Dividend Growth Rate is ranked better than
94% of 867 companies
in the Asset Management industry
Industry Median: 3.2 vs NXG: 36.80

During the past 12 months, Cushing NextGen Infrastructureome Fund's average Dividends Per Share Growth Rate was 53.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 36.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 0.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Cushing NextGen Infrastructureome Fund's Dividend Payout Ratio for the six months ended in Nov. 2024 was 0.31. As of today, Cushing NextGen Infrastructureome Fund's Dividend Yield % is 15.30%.

Good Sign:

Cushing NextGen Infrastructure Income Fund stock Dividend Yield % is close to 3-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Cushing NextGen Infrastructureome Fund's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Cushing NextGen Infrastructureome Fund's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cushing NextGen Infrastructureome Fund's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cushing NextGen Infrastructureome Fund's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Cushing NextGen Infrastructureome Fund's 3-Year Dividend Growth Rate falls into.


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Cushing NextGen Infrastructureome Fund 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Cushing NextGen Infrastructureome Fund  (NYSE:NXG) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Cushing NextGen Infrastructureome Fund's Dividend Payout Ratio for the quarter that ended in Nov. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Nov. 2024 )/ EPS without NRI (Q: Nov. 2024 )
=3.24/ 10.318
=0.31

During the past 8 years, the highest Dividend Payout Ratio of Cushing NextGen Infrastructureome Fund was 4.22. The lowest was 0.26. And the median was 0.63.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Cushing NextGen Infrastructureome Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.5400002025-04-152025-04-152025-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.5400002025-03-172025-03-172025-03-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.5400002025-02-182025-02-182025-02-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.5400002025-01-162025-01-162025-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.5400002024-12-162024-12-162024-12-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.5400002024-11-152024-11-152024-11-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.5400002024-10-152024-10-152024-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.5400002024-09-172024-09-172024-09-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.5400002024-08-152024-08-152024-08-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.5400002024-07-082024-07-082024-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.5283142024-06-172024-06-172024-06-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.5283142024-05-142024-05-152024-05-31Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Cushing NextGen Infrastructureome Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=6.456628/42.11
=15.33 %

Current Share Price is $42.11.
Cushing NextGen Infrastructureome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $6.456628.

During the past 8 years, the highest Dividend Yield of Cushing NextGen Infrastructureome Fund was 30.27%. The lowest was 5.41%. And the median was 10.11%.

Good Sign:

Cushing NextGen Infrastructure Income Fund stock Dividend Yield % is close to 3-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cushing NextGen Infrastructureome Fund 3-Year Dividend Growth Rate Related Terms>


Cushing NextGen Infrastructureome Fund Business Description

Traded in Other Exchanges
N/A
Address
4925 Greenville Avenue, Suite 1310, Dallas, TX, USA, 75206
Cushing NextGen Infrastructure Income Fund is a closed-end investment management company. Its investment objective is to seek a high total return with a focus on current income. The Fund invests at least 80% of its net assets in a portfolio of equity and debt securities of infrastructure companies, including energy infrastructure companies, industrial infrastructure companies, sustainable infrastructure companies, and technology & communication infrastructure companies.
Executives
Todd Sunderland other: Adviser COO 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
John Alban officer: CFO and Treasurer THE CUSHING MLP TOTAL RETURN FUND, 3300 OAK LAWN AVENUE, SUITE 650, DALLAS TX 75219
Andrea Mullins director 3060 PEACHTREE ROAD NW, SUITE 500, ATLANTA GA 30305
Jerry V Swank officer: CEO and President, other: Trustee, Chairman of the Board 3300 OAK LAWN AVENUE, SUITE 650, DALLAS TX 75219
Blake Nelson officer: Chief Financial Officer 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
Jeffrey A Engelsman officer: Chief Compliance Officer 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
Mark Rhodes officer: President 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Mathew Calabro officer: Chief Compliance Officer 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
John M. Musgrave other: Adviser Managing Partner 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
Hari Kusumakar other: Portfolio Manager 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Alex Palma other: Portfolio Manager 300 CRESCENT COURT, SUITE 1700, DALLAS TX 75201
Brenda A Cline other: Trustee 5101 TENNYSON PARKWAY, PLANO TX 75024
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Phillip Goldstein 10 percent owner 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Steven Samuels 10 percent owner 72 COLEYTOWN ROAD, WESTPORT CT 06882